Entravision Communications Corp reports results for the quarter ended in September - Earnings Summary

Entravision Communications

02/11/2023 21:46

* Entravision Communications Corp  EVC.N  reported quarterly
adjusted earnings of 4 cents​​ per share for the quarter ended
in September, lower than the same quarter last year, when the
company reported EPS of 11 cents.  The mean expectation of
two analysts for the quarter was for earnings of 4 cents per
share. Wall Street expected results to range from 1 cents to 7
cents per share.
    * Revenue rose 13.9% to $274.42 million from a year ago;
analysts
expected $274.47 million. 
    * Entravision Communications Corp's reported EPS for the
quarter
was 3 cents​.
    * The company reported quarterly net income of $2.72
million.
    * Entravision Communications Corp shares had risen by 0.3%
this
quarter and lost 23.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 66.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Entravision
Communications Corp is $11.50 

This summary was machine generated from LSEG data November 2 at
09:46 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.04           0.04           Met
 Jun. 30 2023      0.07           -0.02          Missed
 Mar. 31 2023      0.03           0.02           Missed
 Dec. 31 2022      0.20           -0.02          Missed